The wind and solar tariff will come down considerably in the near future, a government official today said. "It will though take some time to resolve the surfacing issues since the GST has come into vogue but on tariff front, the department of renewable energy is quite confident that since majority… read more →

Veer Energy and Infrastructure share price rallied 12 percent intraday Monday on receiving a letter of interest from Maharashtra Energy Development Agency, Pune, on installation of solar or hybrid project at its existing wind projects. The company has decided to start hybrid division. It wants to develop… read more →

Wind energy companies have moved the Madras High Court against the Tamil Nadu electricity distribution company’s move to auction wind energy projects with a new base price, and the sector regulator’s decision to allow the auction. Indian Wind Energy Association (IWEA), an industry body of wind energy… read more →

Tamil Nadu this week started sale of wind power, with Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) on Thursday and Friday trading more than 150MW with Power Exchange India Ltd (PXIL), at a tariff of between Rs 5.25/unit and Rs 6/unit. read more →

Major wind power developers including Adani and Mytrah Energy today signed Power Purchase Agreements (PPAs) with Power Trading Corporation (PTC) for supply of 550 Mw power to states as part of India’s first wind power auctions scheme. The pacts were signed in the presence of power, coal, renewable… read more →

Sumant Sinha led ReNew Power Ventures Pvt Ltd, a Goldman Sachs backed clean energy company -- is in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation,… read more →

If one wishes to see birth of a non-performing asset (NPA), wind power sector in India offers a ring-side view. No where can one see Murphy’s Law being vindicated more strongly than in this sector where everything that can go wrong has gone wrong. Wind power, which along with solar power was expected… read more →

On Tuesday, Gujarat saw its highest ever levels of power generation from wind energy, thanks to high wind velocities on its coast and steadily increasing generation capacity. Wind power generation in the state reached a record 3,460MW on June 20, 2017. The rise also come as a major relief to GUVNL,… read more →

The National Thermal Power Corporation (NTPC) tendered 250 MW of wind to be developed across the states of Gujarat, Andhra Pradesh, Karnataka, and Madhya Pradesh in India. The bid-submission deadline is August 4, 2017. read more →